Anjali Das (Partner-Chicago, IL) was quoted in a March 12, 2024, article that appeared in both Claims Journal and Carrier Management magazine that discusses Cybereason’s Annual Global Study on Ransomware Business Impact. Anjali believes that cyber insurance policies provide a robust risk management tool for companies to address the exposure and costs associated with increasingly sophisticated cyber threats, in addition to providing direct access to experts ranging from forensics firms to breach counsel. Cyber policies typically provide comprehensive coverage from first-party breach response costs (for forensics investigation and notice costs) to the defense of third-party liability claims such as data breach class actions. In addition, she notes that an added feature of these policies is coverage for business interruption losses, which can be particularly devastating for companies that have experienced a ransomware attack.